Titan Company Ltd.

Titan Company is currently trading at Rs. 234.90, up by 0.75 points or 0.32% from its previous closing of Rs. 234.15 on the BSE.

The scrip opened at Rs. 234.25 and has touched a high and low of Rs. 237.00 and Rs. 233.00 respectively. So far 63514 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 1 has touched a 52 week high of Rs. 302.00 on 30-May-2013 and a 52 week low of Rs. 200.00 on 13-Jun-2013.

Last one week high and low of the scrip stood at Rs. 237.90 and Rs. 225.50 respectively. The current market cap of the company is Rs. 20854.10 crore.

The promoters holding in the company stood at 53.05%, while Institutions and Non-Institutions held 23.55% and 23.39% respectively.

Titan Company has opened four Karigar centres, including shop floor and accommodation for jewellery artisans, in Hosur, Tamil Nadu. Spread across an area of 11,990 square feet each, these centres symbolise Titan’s effort, as a responsible player, in transforming the lives of Karigars from across the country. The Karigars can use their skills to craft hand-made gold jewellery for the division. The four centres in Hosur will accommodate 300 artisans. The Karigar centres are an extension of an idea the company started nearly a decade ago in the form of Karigar parks.

Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.